- US markets closed lower Yesterday.
- Right now U.S Futures are trading slightly lower too.
- Asian markets are Flat.
- SGX Nifty is trading near 14800.
- Wednesdays are one of the most Volatile days for the week.
- Today I expect Markets to be Volatile.
- Yesterday the Supreme Court Verdict was announced and it was on Expected lines.
- Verdict can be considered to be as Positive for the Banks.
- Crude is down more than 15% in a week.
- As India is the highest Importer of Crude , it's a positive news for us.
- On the other side there are some negative news too.
- Due to Covid cases increasing , many states and Cities are again resorting to lockdown.
- As proved by Health Experts , the second wave of Corona Virus is deadly dangerous.
- Vaccination has arrived but has been going on in a slow pace.
- Also there is fear among many owing to Vaccination.
- Bank Nifty has been Underperforming Significantly.
- This is Dragging Nifty lower as well.
- Expecting the Markets to expire between 14500 to 15000 for this Expiry.
- If by chance any big move happens & we break above levels , we may see a trending move of 100-200 Points on one side.
- Nifty might Trade between 14640-14920 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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